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Canadian Mortgage Rates on the Rise

Posted on May 10, 2022 by AlwaysThinking

Canadian Mortgage Rates on the Rise Canadian mortgage rates are on the rise as Canadian banks are continuing to increase mortgage rates with the expectation of a higher interest rate environment. 5-Year Fixed Mortgage Rates The Government Of Canada 5-year bond yield have risen to the highest levels in 11 years.  Bond rates determine fixed […]

Posted in News15 Comments on Canadian Mortgage Rates on the Rise

Federal Reserve Hikes Rates by 0.5%

Posted on May 4, 2022May 10, 2022 by AlwaysThinking

The U.S. Federal Reserve has increased the benchmark interest rate by 0.5%. This is the largest increase since 2000 (22 years) bringing the benchmark rate between 0.75% and 1%. Inflation The interest increase comes as inflation in the U.S. is running at 8.5%. The Fed has also indicated that they will be reducing the balance […]

Posted in News28 Comments on Federal Reserve Hikes Rates by 0.528
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